Alabingo Finance Report || The United Bank for Africa (UBA) took advantage income from foreign exchange trading and term loans to corporate organizations to post a double digit profit-after-tax (PAT)…
Read More Securities, term loans lift UBA performance in Q3
Eurobonds made up more than a fifth of Nigeria’s $66.63 billion foreign debt portfolio as of September and more than half of interest paid in the third quarter, the Debt…
Read More Eurobonds account for a fifth of Nigeria’s $66.6 bn in foreign debt
Ebun Francis || The Senate on Tuesday approved the $5.5 billion loan request from President Muhammadu Buhari to help fund capital projects in the 2017 budget and serving of the country’s…
Read More Senate approve Buhari’s loan request for $5.5bn
The Central Bank of Nigeria has continued its sustenance of FOREX liquidity by injecting another $195 million into the Inter-bank Foreign Exchange Market, even as the Naira maintains its strength.…
Read More Naira Remains Strong as CBN Pumps in $195m
Ebun Francis || The ministry of mines and power on Sunday denied claims that it spent N700m to build a website. Abbas Mohammed, the permanent secretary of the ministry who…
Read More We Invested N700m on IT Infrastructure, Human Capital and Civil Works, Not Website